Listed Cebu Air, the operator of budget carrier Cebu Pacific, reported a net profit of P1.1 billion for the first quarter of 2023, a stunning 180-degree turnaround from the P7.6 billion loss it recorded one year prior. This is the company’s first profitable ...
Robinsons Bank, the financial services arm of the Gokongwei Group, is merging with the Ayala-owned and controlled Bank of the Philippine Islands, it was announced on Friday (September 30). In a disclosure to the PSE, both boards of listed companies JG Summit Holdings ...
The Gokongwei Brothers Foundation (GBF) and the Ateneo de Manila University (ADMU) celebrated twin milestones over the weekend as they commemorated the 20th anniversary of the John Gokongwei School of Management (JGSOM) as well as the dedication and establishment of the Gokongwei ...
Robinsons Group will assume full ownership of the convenience store chain in the Philippines.
Japanese convenience store chain Ministop is pulling out of the Philippines and South Korea and will instead focus on its home market. A report in Nikkei Asia said the company is selling its 40 percent stake in Robinsons Convenience Stores, Inc. (RCSI) to ...
The Bangko Sentral ng Pilipinas has granted a digital banking license to GOTyme, a partnership between the Gokongwei group and Singapore-based digital banking group Tyme. It is so far the fifth neobank or digital-only bank that the BSP has approved after the ...
The CEO doesn’t want his kids growing up entitled.
When international business publication Forbes magazine releases its annual richest Filipinos list, the names are almost always the same. Sy, Villar, Ayala, Tan (Andrew and Lucio), Razon, and Gokongwei are families who all figure prominently in the upper echelons of the very ...
When John Gokongwei Jr died one year ago, the country lost a true trailblazer. The founder of JG Summit was one of the richest men in the country, having built a conglomerate from the ground up that extends to multiple facets of ...
Sia first did business with the Gokongweis when he opened the first Mang Inasal in Robinsons Mall in Iloilo City.
DoubleDragon Properties Corp announced on Monday, December 9, that it has signed an agreement with Robinsons Land Corp. (RLC) to jointly develop a prime commercial lot in Libis, Quezon City. According to a disclosure to the Philippine Stock Exchange, the 10,032-square meter property ...
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